#XVG #VERGE Breakout Imminent +124% target 0.00003181 BTC in 10d
Updated
Verge massive bullish pennant is ready to bounce upward and breakout. This should lead to a +124% target (1770 pips) at 0.00003181 BTC within 10 days.
Maybe I should HODL some XVG.
Maybe I should HODL some XVG.
Note
The bottom may be ready to drop out of this one. XVG might start bleeding. Set your stop losses!Note
I thought we were going to break down.. but it looks like a hard bounce. 1 hour candles show we're on the upswing for the last 2 hours. If we can hold up and move into more positive territory, this may bounce to the top of the triangle and break out for some nice gains.Still too early to tell, be cautious.
Note
This isn't looking good. Will we fight the drawdown?Note
Updated triangle. Still looks too early to tell. We're stuck in the triangle, or are we creating a large bullish flag? Either way, if we break down, we're crashing a bit. if we break up, we'll rally big time.High risk, high reward.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.